Economic Surprise Index Falls To -0.126

Source: https://citizenwatchreport.com/economic-surprise-index-falls-to-0-126-as-buying-conditions-for-housing-remains-negative-for-most-of-bidens-presidency-us-debt-servicing-costs-12-of-government-spending/
Published: May 27, 2024
Author: Staff
Post Date: 2024-05-27 03:40:55 by Horse
Views: 366

As Buying Conditions For Housing Remains Negative For Most Of Biden's Presidency (US Debt Servicing Costs 12% Of Government Spending)

I saw former President Obama criticizing former President Trump for not passing “transformative” changes. That is, Trump didn’t sign any Obama-like transformative changes (like Obamacare). Trump did try to slow down the damage done by Obama and his transformative agenda (e.g., open borders, wealth redistribution, green energy) that Biden has attempted to continue.

As we approach the party conventions and Presidential election of 2024, we saw the Economic Surprise Index (ESI) in May decline to -0.126.

Speaking of higher interest rates, US debt servicing costs currently make up 12% of government spending. Jacobin revolution = Cloward-Piven.

Poster Comment:

Citigroup Economic Surprise Index represents the sum of the difference between official economic results and forecasts. With a sum over 0, its economic performance generally beats market expectations. With a sum below 0, its economic conditions are generally worse than expected.

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#1: Horse    To: All (#0)

Hollywood box office COLLAPSES to 40 YEAR LOW for MEMORIAL DAY weekend!

https://citizenwatchreport.com/hollywood-box-office-collapses-to-40-year-low-for-memorial-day-weekend/

Horse posted on 2024-05-27 03:42:23   Reply   Private Reply

#2: Horse    To: All (#1)

Fluoride exposure during pregnancy linked to behavior problems in children

https://www.stationgossip.com/2024/05/fluoride-exposure-during-pregnancy.html

Horse posted on 2024-05-27 03:44:50   Reply   Private Reply

#3: Horse    To: All (#2)

America In 2024: Fast Food Is A Luxury, 11 Million Children Live In Poverty, And 1000s Of Stores Are Closing

Little by little, our standard of living has been eroding

https://citizenwatchreport.com/america-in-2024-fast-food-is-a-luxury-11-million-children-live-in-poverty-and-1000s-of-stores-are-closing/

Horse posted on 2024-05-27 03:46:32   Reply   Private Reply

#4: Horse    To: All (#3)

"Unequivocally More Cautious": Hedge Funds Sold Stocks At The Fastest Pace Since January

After 5 weeks of net buying, hedge funds reversed course and net sold US equities at the fastest pace since early January, driven by short sales and long sales. Aggregate US long flow decreased for the first time in 17 weeks.

https://www.zerohedge.com/markets/unequivocally-more-cautious-last-week-hedge-funds-sold-fastest-pace-january-goldman-prime

Horse posted on 2024-05-27 03:49:11   Reply   Private Reply

#5: Horse    To: All (#4)

Judge Approves Class-Action Lawsuit Against American Airlines Over ESG Pension Investments

Pilot alleges that the airlines’ ESG investment strategy violates pension fiduciary duties.

https://www.zerohedge.com/political/judge-approves-class-action-lawsuit-against-american-airlines-over-esg-pension

Horse posted on 2024-05-27 03:51:07   Reply   Private Reply